PM Test Center » monitoring and controlling http://pmtestcenter.com FREE daily project management test questions for PMP®, CAPM®, and Project+ exams! Sat, 19 May 2012 04:01:41 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Monitor and control risks tool http://pmtestcenter.com/monitor-and-control-risks?utm_source=rss&utm_medium=rss&utm_campaign=monitor-and-control-risks http://pmtestcenter.com/monitor-and-control-risks#comments Mon, 14 May 2012 04:01:40 +0000 Gabe Young http://pmtestcenter.com/?p=265

While monitoring and controlling risks on a project, one of the tools a project manager could use compares the amount of the contingency reserves remaining to the amount of risk remaining to determine if the remaining reserve is adequate. This is called:

A. Reserve analysis
B. Performance report
C. Risk audit
D. Variance and trend analysis

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/monitor-and-control-risks/feed 0 SV explained http://pmtestcenter.com/sv-explained?utm_source=rss&utm_medium=rss&utm_campaign=sv-explained http://pmtestcenter.com/sv-explained#comments Wed, 02 May 2012 04:01:38 +0000 Gabe Young http://pmtestcenter.com/?p=215

One of your monthly reports claim that your project has a SV of -1000. How would you describe it to your sponsor?

A. The project is behind schedule
B. The project is ahead of schedule
C. Impossible to have a negative SV
D. Not enough information

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/sv-explained/feed 0 CV explained http://pmtestcenter.com/cv-explained?utm_source=rss&utm_medium=rss&utm_campaign=cv-explained http://pmtestcenter.com/cv-explained#comments Tue, 01 May 2012 04:01:23 +0000 Gabe Young http://pmtestcenter.com/?p=213

One of your monthly reports claim that your project has a CV of 2000. How would you describe it to your sponsor?

A. The project is $2000 over budget
B. The project is $2000 under budget
C. CV of anything over 1000 is irrelevant
D. Not enough information

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/cv-explained/feed 0 Enterprise environmental factors http://pmtestcenter.com/enterprise-environmental-factors?utm_source=rss&utm_medium=rss&utm_campaign=enterprise-environmental-factors http://pmtestcenter.com/enterprise-environmental-factors#comments Sun, 29 Apr 2012 04:01:14 +0000 Gabe Young http://pmtestcenter.com/?p=209

While developing a charter, you are asked to consider enterprise environmental factors. These may include all of the following except:

A. Historical information
B. Marketplace conditions
C. Government standards
D. Industry standards

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/enterprise-environmental-factors/feed 0 Organizational process assets http://pmtestcenter.com/organizational-process-assets?utm_source=rss&utm_medium=rss&utm_campaign=organizational-process-assets http://pmtestcenter.com/organizational-process-assets#comments Sat, 28 Apr 2012 04:01:15 +0000 Gabe Young http://pmtestcenter.com/?p=205

You are a project manager for a new client. To help you get acclimated more quickly, she directs you to their organizational process assets in the company archives. You know that when you locate that directory, you will likely find:

A. Industry standards
B. Historical information
C. Financial data
D. Market conditions

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/organizational-process-assets/feed 3 Defect frequency http://pmtestcenter.com/defect-frequency?utm_source=rss&utm_medium=rss&utm_campaign=defect-frequency http://pmtestcenter.com/defect-frequency#comments Sat, 21 Apr 2012 04:01:40 +0000 Gabe Young http://pmtestcenter.com/?p=188

Adam wants to show his stakeholders defect types ranked by frequency of occurrence. What tool should he use?

A. Pareto chart
B. Maslow’s Hierarchy of Needs
C. Control chart
D. Cause and effect diagram

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/defect-frequency/feed 0 Test the deliverable http://pmtestcenter.com/test-the-deliverable?utm_source=rss&utm_medium=rss&utm_campaign=test-the-deliverable http://pmtestcenter.com/test-the-deliverable#comments Thu, 19 Apr 2012 04:01:08 +0000 Gabe Young http://pmtestcenter.com/?p=184

The project you are managing is nearing its end. Your testing team is currently inspecting the final deliverable. Which process is your project on?

A. Verify Scope
B. Control Scope
C. Perform Quality Assurance
D. Perform Quality Control

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/test-the-deliverable/feed 0 CPI and SPI: The under-rated indicators http://pmtestcenter.com/cpi-and-spi-the-under-rated-indicators?utm_source=rss&utm_medium=rss&utm_campaign=cpi-and-spi-the-under-rated-indicators http://pmtestcenter.com/cpi-and-spi-the-under-rated-indicators#comments Tue, 03 Apr 2012 04:01:39 +0000 Gabe Young http://pmtestcenter.com/?p=44

Six months into a year-long project your CPI is 0.8. However, your SPI is 1.2. This means that the project is:

A. Ahead of schedule and under budget
B. Ahead of schedule and over budget
C. Behind schedule and under budget
D. Behind schedule and over budget

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/cpi-and-spi-the-under-rated-indicators/feed 0 CPI — what does it mean? http://pmtestcenter.com/cpi-what-is-it-trying-to-tell-me?utm_source=rss&utm_medium=rss&utm_campaign=cpi-what-is-it-trying-to-tell-me http://pmtestcenter.com/cpi-what-is-it-trying-to-tell-me#comments Mon, 02 Apr 2012 04:01:08 +0000 Gabe Young http://pmtestcenter.com/?p=37

As the project manager with a cost conscience sponsor, you have been monitoring earned value throughout the year long project. At the halfway point, you report that the CPI is 0.8. This means that the project is:

A. Ahead of schedule
B. Under budget
C. Behind schedule
D. Over budget

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/cpi-what-is-it-trying-to-tell-me/feed 0 Forecasting – time series methods http://pmtestcenter.com/forecasting-time-series-methods?utm_source=rss&utm_medium=rss&utm_campaign=forecasting-time-series-methods http://pmtestcenter.com/forecasting-time-series-methods#comments Tue, 27 Mar 2012 04:01:00 +0000 Gabe Young http://pmtestcenter.com/?p=958

As the project manager responsible for creating forecasts, you tend to utilize time series methods for predicting outcomes. Reports you typically use are:

A. Monte Carlo simulation, P&I matrix
B. Linear regression analysis, non-linear regression analysis
C. Probability estimates, Delphi method
D. Earned value, moving average

If you are reading this via email, please click here for the answer.

]]> http://pmtestcenter.com/forecasting-time-series-methods/feed 2